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Sunset Pacific Petroleum Ltd SSPAF

"Sunset Pacific Petroleum Ltd is a junior resource exploration company based in Canada. It engaged in the acquisition, exploration, and development of oil and gas properties in Tunisia, North Africa. The company properties include Bougie Trutch and Trutch East."


GREY:SSPAF - Post by User

Post by Pennypicker4on Apr 28, 2017 1:09pm
113 Views
Post# 26180122

A lot of speculation here

A lot of speculation here Notice  that 1.3 million shares was not part of the regular trading and appeared to be some kind of a cross involving TD traders.

Does anyone know what a Triact trade is?

It is really difficult to know what is really happening here particularly as there appears to be no way of veryifying.

What I do see is there are at least 2 new posters here who are promoting SPK ...who really knows where they fit into the equation other than to find buyers . In this respect how can anyone put a value of 37 cents on a Company that has only a conditional agreement in place???????????

The one positive I see is the Company does appear to have an exploration property in Tunisia which does have value attached to it. This would seem to be confirmed by the Trading authorities who suspended trading to clarify the News Release.

I would assume they would have requested documentation of the conditional agreements but  if the conditions of the agreement are not met then the Company cannot be held responsible.

Who really knows what is going on but hopefully the CEO will provide more disclosure in the next few weeks as everything here is very speculative with no verification posssible at this tim



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